New Issue: Barclays prices $145,000 10-year floaters with 7% cap and 2% floor

By Susanna Moon

Chicago, May 11 - Barclays Bank plc priced $145,000 of capped and floored floating-rate notes due May 12, 2021, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon is Libor plus 125 basis points, with a maximum rate of 7% and a minimum rate of 2%. Interest is payable quarterly.

The payout at maturity will be par.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped and floored floating-rate notes
Amount:	$145,000
Maturity:	May 12, 2021
Coupon:	Libor plus 125 bps, cap of 7% and floor of 2%; payable quarterly
Price:	Par
Payout at maturity:	Par
Pricing date:	May 9
Settlement date:	May 12
Underwriter:	Barclays Capital Inc.
Fees:	1.25%
Cusip:	06738JQC1

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